Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
21 April 2025 | Bitcoin

Bitcoin recovers amid weakening dollar

BTCEUR
BTCUSD
Bitcoin recovers amid weakening dollar

According to Bloomberg, bitcoin climbed to its highest price since Donald Trump's announcement of new import tariffs on April 2. The rebound came amid a decline in the dollar on renewed concerns about the US president's attempts to dismiss Federal Reserve (Fed) Chairman Jerome Powell.

The main cryptocurrency jumped about 3% to hit $87,600 on Monday morning trading in Asia, the news agency stated. Meanwhile, the dollar index reached its lowest level since January 2024 as a result of Friday's announcement by Kevin Hassett, director of the US National Economic Council, of Powell's likely dismissal.

Bitcoin's rebound happened alongside another spike in gold prices, Bloomberg reported. The yellow metal rose to a new record high, proving investors' growing demand for safe-haven assets.

Elena Berseneva MarketCheese

Recommended

Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.75%
Today at 3:09 AM
Japan. Manufacturing PMI. The value of the indicator has increased from 49.7 to 51.5
Today at 12:30 AM
Japan. National CPI (YoY). The value of the indicator has decreased from 2.9% to 2.1%
Yesterday at 11:30 PM
United States. Atlanta Fed GDPNow. The value of the indicator remained at the same level of 5.4%
Yesterday at 5:01 PM
United States. Heating Oil Stockpiles. The value of the indicator has increased from -0.745M to 0.279M
Yesterday at 5:00 PM
Top news
Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 0.75%
Today at 3:09 AM
United States. PCE price index (YoY). The value of the indicator has increased from 2.7% to 2.8%
Yesterday at 3:01 PM
United States. Core PCE Price Index (YoY). The value of the indicator has increased from 2.7% to 2.8%
Yesterday at 3:01 PM
United States. GDP (QoQ). The value of the indicator has increased from 4.3% to 4.4%
Yesterday at 1:30 PM
European Union. CPI (MoM). The value of the indicator remained at the same level of 0.2%
19 January
All news

Forecasts

Natural gas sell
Period: 29.01.2026 Expectation: 690 pips
NG selloff targets $4.400 ahead of reaching local high
TA Other Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 11:44 AM 34
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
ETHUSD buy
Period: 29.01.2026 Expectation: 15200 pips
Investing in ETHUSD up to $3,170 on US-EU trade relief
Indicators and reports Technical analysis FA Other Indicators Fundamental analysis
Yesterday at 11:23 AM 40
Emily_Foster
USDJPY buy
Period: 30.01.2026 Expectation: 800 pips
Early elections in Japan boost USDJPY purchases
Hot news Chart analysis Indicators
Yesterday at 10:19 AM 36
Tom_Kern
Brent buy
Period: 31.01.2026 Expectation: 50 pips
Short-term Brent crude buying with $65.9 target
Chart analysis
Yesterday at 09:59 AM 26
Bruce_Powers
S&P 500 buy
Period: 28.02.2026 Expectation: 3000 pips
Risk-on sentiment makes its way back to stock markets after Greenland de-escalation
FA Other Chart analysis
Yesterday at 07:12 AM 31
McCarthy_Raymond
EURUSD sell
Period: 28.01.2026 Expectation: 700 pips
Geopolitical uncertainty caps EURUSD’s technical upside
TA Other Technical analysis FA Other Indicators Fundamental analysis
21 January 2026 50
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Go to forecasts